When did the American Dream™ die?

When did the American Dream™ die?

theguardian.com/technology/2017/feb/27/silicon-aa-cost-of-living-crisis-has-americas-highest-paid-feeling-poor

>“I didn’t become a software engineer to be trying to make ends meet,” said a Twitter employee in his early 40s who earns a base salary of $160,000. It is, he added, a “pretty bad” income for raising a family in the Bay Area.

>“We make over $1m between us, but we can’t afford a house,” said a woman in her 50s who works in digital marketing for a major telecoms corporation, while her partner works as an engineer at a digital media company. “This is part of where the American dream is not working out here.”

>Another tech worker feeling excluded from the real estate market was 41-year-old Michael, who works at a networking firm in Silicon Valley and last year earned $700,000. Sick of his 22-mile commute to work, which can sometimes take up to two and half hours, he explored buying a property nearer work. Although he said his salary means he can afford to live a decent life, he finds the cost of living, combined with the terrible commute, unpalatable.

cnbc.com/2017/03/03/facebook-engineers-struggling-with-rents-ask-mark-zuckerberg-for-help.html

>In 2015, according to SmartAsset.com, the cost of living there was "62.6% higher than the U.S. average." In 2016, the same site found that you'd need to make at least $216,129 a year to afford the rent on an average two-bedroom apartment.

>The article recounts the frustrations of tech workers making between $100,000 and $700,000 a year and yet finding themselves rent-burdened, unable to save and commuting for hours each day. In one colorful example, an Apple employee lived until recently in a garage in Santa Cruz, using a bucket as a toilet.

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forbes.com/sites/priceonomics/2016/05/11/the-african-american-exodus-from-san-francisco/#32b86de25595
twitter.com/NSFWRedditGif

But the high cost of living keeps out the poor (black) people letting talk about how safe and modern their city is.

Three step solution:

1) kill all the landlords
2) change the zoning laws
3) ban on out of country Chinese billionaires from buying any property at all

Solved!

>“This is part of where the American dream is not working out here.”

hahaha

The high cost of living exists because local residents vote against zoning reform. 2/3rds of San Francisco is zoned exclusively for detached single family suburban housing. It's impossible to change it because every action the city does (including zoning changes, or approving construction permits) can be effectively blocked through a neighborhood petition. They even go so far to block any transit expansion, so the maximum throughput of local roads is capped (which obviously affects the type of buildings that can be built there).

Even better, thanks to Prop 13 property taxes are capped at 1% of the value at purchase. This means someone who bought a home in 1978 for $500,000 only pays $5,000 in taxes even if the home's value is worth $1,000,000+/

This is the American Dream. Figure this: every Bay Area resident who bought in before has made shitloads of money and is making even more off rent. This is what raw capitalism looks like and techies enjoy being fucked in the mouth by it for some reason.

> keeps out poor (black) people
they're here fag. they come in droves to shit on the street and enjoy the free healthcare

>tfw less than 2 grand month in wages and live better then a rich libcuck in Commiefornia
Feels good to be a rural and suburban "autist"

>people ITT weren't aware that the (((American dream))) has been dead for years

Howdy newfags

They are leaving though. forbes.com/sites/priceonomics/2016/05/11/the-african-american-exodus-from-san-francisco/#32b86de25595

>when did the american dream die
early 1900s, The dream became a meme

This. I barely make anything out here in the vast farm fields of America and I live better than people making a million lel

>Feels good to be a rural and suburban "autist"

California's consumerist culture is it's own undoing.

hyper-inflated prices means Javier can't wait at your table in Hollyweird.

A free market would resolve it

LOL Me and my girlfriend make all of $1k a month between the two of us and own our own RV, truck, and motorcycles. We can go where we want, when we want, we just can't eat out every fucking night and we live pretty well.

>live in Commiefornia
>pay 1 billion shekels to not live near illegals and niggers

I am almost certain that their problem isn't the income but the expenses.
I'd be willing to bet money on the fact that their luxuries/necessities ratio for expenses is ridiculously high.

I have tons of friends like that who make tons of money, yet at the end of the month they couldn't tell you where that money actually went because none of them writes a book of household accounts. They spend hundreds on Starcucks & Co without even realizing it.

Goddamn he's got a cartoonishly punchable face, doesn't he?

Blame chinks for buying all the supply and liberals for hampering development.

t. Bayfag

With wages of six (close to seven) figures they could retire after a couple years with the proper arrangements.
For all their education, they are shit at handling money though. So instead they always end up being broke at the end of the month.

It is pretty ironic that highly-paid engineers for an online company are all living like peasants because they are forced to live in the most expensive city on Earth if they want jobs. Yet the internet allows them to work from anywhere, there is literally no reason to ever enter an office as a software engineer now that telecommunication is so advanced. Humanity has gone so wrong.

Fuck those idiots. They don't HAVE to be employed there, they just choose to.

Cry-baby bitches. Fuck'em.

>an Apple employee lived until recently in a garage in Santa Cruz, using a bucket as a toilet
Fucking lost. What a fucking idiot.

This is a reflection of a truly free unrestricted market though.

Major companies are working together to prevent that. IBM, Google, Apple, Intel, Dell, etc. are all pushing to get employees into the office, and remote workers have been the forefront of layoffs. It's especially bad at IBM where they laid off 25% of their entire 400,000 worldwide work force in the last 2.5 years, purging almost all remote workers.

t. IBMer

If you want to work for tech, you have to move to the bay area.

That or you're stuck working for third-rate mobile phone developers in a dead-end cubicle job.

Or not be a dumbass and buy a house during the last crash? I got 3 properties in 2008 and I'm doing extremely well financially

is this how American's struggle? I am currently working in Silicon Valley through a Visa. I was recruited through InfoSys so my employer assists with my housing but I can only stay for 3 years.

Ask me how I know you're from india, Pajeet.

This

t. X-IBMer

>user working in tech through a visa
>that soul-crushing feel when you're 100% certain this means user isn't from Europe
Why do our companies and governments hate white people?

That's a small price to pay to not be a rural and suburban retard.

Out of curiosity, do you know what their motivation behind such moves is?

Because they expect to be paid better than minimum wage?

Wow it's almost like managers are scum and prefer to keep everyone in a physical location where they can justify their salary by being useless control freaks and making company procedures needlessly more complicated. Of course this doesn't interrupt their scheduled felatting of ownership.

the beauty of free market!

Because the Jew has infiltrated

landlords aren't the problem, the city government is.

160,000 is literally the suggested income when buying a house in the bay area. He's just some spoiled, white faggot who's shit with money.

I have no sympathy for him because it's not like he doesn't have the means to do so, he's just not financially literate enough to realize he's hemorrhaging money spending it on stupid shit. There are niggers who make a quarter of what he makes and are able to raise a family, but this faggot can't.

My (purest Anglo) brother got a job/visa as a software developer in Silicon Valley four years ago.

This

> Raw capitalism
> Socialist Republic of California
Nice c-u-c-k post niggerfaggot

Facebook is treason.

No it should be like this

1 Get rid of taxes
2 Make rent more affordable
3 profit

You're easier to control. It makes it harder for you to go with a different company if you have to move to do so. Which also gives them a much better negotiating position when it comes to salary. It's anti-competitive. That would be my guess anyways.

>make rent affordable
Demand dictates the price of commodities

How come these techfag companies dont encourage teleworking when everything they do is on their computer?

t. full time government teleworker who lives in the south on a GS-11 salary.

>it's not like he doesn't have the means to do so, he's just not financially literate enough to realize he's hemorrhaging money spending it on stupid shit

This. Just read the article
>He said he won’t miss some of the more mundane day-to-day costs, like spending $8 on a bagel and coffee or $12 on freshly pressed juice.
If you are retarded enough to buy either of those for that price, your problem definitely isn't the height of your income.

>WAAAAAAAA MY SIX FIGURE SALARY ISN'T GOOD ENOUGH TO LIVE IN LUXURY IN A MAJOR CITY

THIS IS WHY SUBURBS EXIST YOU MOTHERFUCKERS

WHY THE FUCK DO LIBERALS ACT LIKE SPOILED CHILDREN? FUCKING ACCEPT YOU AREN'T GOING TO GET EVERYTHING YOU WANT AND REARRANGE YOUR LIFE ACCORDINGLY.

It's a little of what said and also to retain senior talent.

If they pay you six figures and let you work from anywhere, people will be retiring in their 40s when the companies need them most. A majority of tech job openings are for "Senior" positions but they're horribly misunderstanding the situation. Tech companies all think that the ones setting up entire systems and creating major product designs should be a single person with 30 years experience, not a team of 3 people with 5-10 years experience.

tl;dr companies don't want to pay 3 salaries, and they don't want their stinginess to backfire.

then why the fuck don't they find somewhere else?!! They have skills that are supposed to be in high demand all over the place, Why the fuck do they HAVE to live and work in San Francisco?

In 1972 when we got off the gold standard

>FUCKING ACCEPT YOU AREN'T GOING TO GET EVERYTHING YOU WANT AND REARRANGE YOUR LIFE ACCORDINGLY.
cuck

Just because you are too lazy and coward to try to better yourself doesn't mean others shouldn't

>They have skills that are supposed to be in high demand all over the place
All over San Francisco.

Once you turn 17 you will start to understand.

Kill yourself you retarded spic

The faggot in the OP isn't talking about bettering himself at all he's whining that he should be given free shit because he feels like he deserves it because reasons

it sounds to me like the cubicle job is the better option at this point

That's never going to happen.

What's going to happen is that your guns are going to get taken away along with any white supremacst culture because you are the real terrorist. All that land you believe you have a right to is actually the governments land. It is collateral for debt and the Chinese will collect it.

You cannot fight against this. You will lose.

It's almost like when there is a massive influx of super rich people spending on homes, the price goes up. This is literally basic supply and demand. You want cheaper housing, buy outside of the area where literally everyone else (all making over 200k a year) are trying to buy. The retarded zoning laws in the area only worsen the problem. Don't these dipshits own cars? or is that not ecofriendly?

...

software engineers are in demand all over the fucking world considering how much computers are needed these days.You could live in bumfuck nowhere and a computer geek could still find well paid work in some field or another. Everyone living in san fagcisco just has these delusions that they will become high roller with google/facebook someday (hint the vast majority will never get this)

CheckaLeckaHineyHo

CheckaLeckaHineyHo

CheckaLeckaHineyHo

Right back at you

Because you are a cuck and you stay happy with the crumbs that are thrown at you.

>all he's whining that he should be given free shit
>american reading comprehension

Why do right-wingers only think with their emotions and always resort to pre-written memes? Why can't you think objectively?

The guy never asked for free stuff, he just wants housing at reasonable costs, which is a very reasonable demand.

Well, i guess weebs with feelings of inadequacy need their daily triggering time to make them forget that they are the bottom of society and will never, ever, get out of that situation

Love you

This. They are all playing a high risk/high reward game and then bitch when the outcome is not the one they were hoping for.
On top of being shit with money that is. If you live paycheck to paycheck on an income of $160k+ you should get your brain checked out.

>Driving in San Francisco

It'd just be easier to kill yourself, honestly. Not only is the city expensive, it's small and a traffic nightmare. Try leaving SF on a Wednesday night at 5PM by car and see for yourself.

Who's gonna take the guns? Really, who raises their hand and says "Yeah, I'm down to get fucking rekt by Cleetus trying to separate him from his guns. There is no order I won't follow." Taking away American guns is a logistical impossibility that would only lead to a fuckton of dead cops, soldiers and civilians. And we'd still have our guns.

Love you too bb

Let me break the reality pill to you friend, you will never be having lunch with Mark Zuckerjew, you will never be an executive for google, you won't be building the next operating system for microsoft and you won't even get to sweep the floors at ibm. These are pretty much the only reasons anyone considers working in San Francisco anymore

It's the RENT. It's TOO DAMN HIGH. $3500/mo for a fooking studio these days. Are we suppose to live in a single room like Mexicans even tho we make 90 percentile salary? It's fucked bro

>and last year earned $700,000
>excluded from the real estate market

bull fucking shit. houses dont cost 700 million dollars. he could easily afford a home.

I'm not joking.
You think Chinese are going to buy all that land with some crazy rednecks with automatics trying to shoo them off?

Its the governments job to get rid of the pest problem before you sell the house to buyers.

And yes you are pests. And this country has debt.

The rent is retardedly high, but even with such a high rent you still have a couple grand left per month. If that isn't enough to cover all your expenses and have something to put to the side, you should really look into your expenses and figure out where all that fucking money is going.

Why don't they go live in the cheaper diverse area?

>you will never be having lunch with Mark Zuckerjew, you will never be an executive for google, you won't be building the next operating system for microsoft and you won't even get to sweep the floors at ibm.
I know this perfectly well. Still it's not a reason to stop wanting to better my position.

Terror attacks
Media coverage support
Mass shootings

You can make it hell for people to acquire ammo.
Confiscate by serial numbers.
Forceful imprisonment. Ect.

it's not socialism if the government doesn't control prices

more importantly, it's a situation where the capitalists (landowners) are using the state's power to safeguard their investment. As all capitalists do.

Holy fuck, you're right user. Jesus christ its so simple and yet... so right. God damn sir you are truly the genius of our generation. Thank you mexico, once again saving western civilization

Only if you don't have a family and make at least $150,000 a month.

>$150,000 a month.

Fuck I hate everyone in the IT industry with a burning passion. Used to date an IT exec who called herself a "technologist" when she didn't even know how to code and was basically a quota hire. The so called "men" are all autistic betas or poo in loos.

Glad I never went down thay route and decided to become an Electrician instead.

the exact year was 2001

Guns flow like water, you wouldn't take vodka away from a russians would you? Same principle with guns and Americans. It's just a globalist pipe dream.

Guns = life

>not just moving to some area 30 minutes away and commuting

are they retarded? if ur making a million a year and can't afford a house just commute from a house that you can afford, 1 million a year im sure can buy a nice house in some part of california that is close to sf but not in sf

Ke

I think collectively as americans we would have a war before then. The country would split into multiple nations, making control across the continent that much more difficult if not impossible. Guns are north america and north america is a gun.

You can afford a house if you make a pretty legit house $1mm a year. Not all Bay Area is expensive, eg. Mountain View is still somewhat reasonable (and somewhat ghetto). Oakland is very resonable (and very ghetto). SF, Palo Alto, Menlo Park, San Jose are all very expensive in comparison.

Holy shit! A 3500 per month mortgage puts you in a 4000sq ft house thats in a gated community in the south.

Their problem is that they think their average coding skills should make them part of the 1% and only the best of the best is good enough for them.

They already make stupidly high wages and yet they still live over their means.

> Be rich Tech comapany
> Buy properties en masse
> Pay your people very well
> Jack up rent and home prices
> Free labor

Everyone I know in IT tells me the same thing. Corporate has a "diversity hire" manager/exec, working for her are 2-4 white guys who know how everything works. Their job is to make her look good, and everyone else is a spurg or poo in loo contractor on an H1B.

The great thing about this is how much cultural enrichment the new Oakland residents get.

...

white people can't afford to live in white areas

thank you capitalism

bravo usa!!!

>Can't make ends meet on $160,000
>$1,000,000 a year isn't enough
>$100,000-700,000 isn't enough
There are many things that need to be erased.

>tfw american millionares are poorer than me, a guy who makes 400 euros a month

LMAO

Sometime during the Reagan administration.

The fact people earning above $100k complain is disgusting.

The recession of 1973.

There would be greater supply if more of the city allowed building vertically.

If they pay 3500 month rent they pay 42 k a year in rent and thats before utilites, food, taxes, and entertainment.
I can see them being broke.